Tag: Indian banking and finance system

Banking and finance

Banking in India First purely Indian bank is the Punjab National Bank (1894). A step towards social banking was taken with the nationalisation of 14 commercial banks on 19th July, 1969. Six more banks were Nationalised on 1980. Although there are 19 Nationalised bank of India. IDBI is consider only as Nationalised bank. With the … Continue reading Banking and finance